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Wyoming Company uses the indirect method to prepare a statement of cash flows. Refer to the following portion of the comparative harcs shat Wyoming Company
Wyoming Company uses the indirect method to prepare a statement of cash flows. Refer to the following portion of the comparative harcs shat Wyoming Company Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 increase/Decrease) Common Sock $21,000 $12.100 Retained Earings 114,000 74,000 40.000 Treasury Stock (8,000) (5,100) (2.900) Total Equity $127,000 551.000 $46,000 $8,000 Note 1. There was no retirement of stock during the year 2. There were no sains of treasury stock during the year O A There was positive cash flow of $21.000 from issuance of Common Stock OB. There was a positive cash flow of $8.900 from the issuance of Common Stock OC. There was a negative cash flow of $8,900 from the issuance of Common Stock OD. There was zero net cash flow from transactions involving Common Stock
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